secwatch / observer
8-K filed May 1, 2023, 7:59 PM ET ticker CLNV CIK 0001391426
M&A confidence high sentiment positive materiality 0.70

Clean Vision Corp (CLNV): M&A transaction — Clean Vision completes acquisition of 51% stake in Morocco-based Ecosynergie for $6.5M

Clean Vision Corp

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Clean Vision Corp completed an acquisition involving Eco Synergie S.A.R.L. for $6,500,000 (closed 2023-04-25).

Action
acquisition
Counterparty
Eco Synergie S.A.R.L.
Consideration
$6,500,000
Closing
2023-04-25
Exact text from the filing
Company’s CRO. Mr. Harris also serves as the Chief Executive Officer of Clean-Seas Morocco. Pursuant to the Purchase Agreement, Clean-Seas paid an aggregate purchase price of $6,500,000 for the Morocco Acquisition, of which (i) $2,000,000 was paid on the Closing Date and (ii) the remaining $4,5000,000 is to be paid to Ecosynergie Group over a period of ten (10)
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.99

Clean Vision Corp entered into Purchase Agreement with Eco Synergie S.A.R.L. valued at $6,500,000 (effective 2023-04-25).

Action
entry
Agreement
asset purchase
Counterparty
Eco Synergie S.A.R.L.
Value
$6,500,000
Effective
2023-04-25
Exact text from the filing
On April 25, 2023 (the “Closing Date”), Clean-Seas, Inc. (“Clean-Seas”), a wholly owned subsidiary of Clean Vision Corporation (the “Company”) completed its previously announced acquisition of a fifty-one percent (51%) interest (the “Morocco Acquisition”) in Eco Synergie S.A.R.L., a limited liability company organized under the laws of Morocco (“Ecosynergie”), pursuant to that certain Notarial Deed dated as of January 23, 2023 (the “Signing Date”) setting forth the terms and provisions applicable to the Morocco Acquisition (the “Purchase Agreement”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001903596-23-000360
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